NOT LISTED FOR SALE

7116 W Silver Spring Dr Unit 7118 Milwaukee, WI 53218

Silver Spring Neighborhood

Estimated Value: $214,000 - $282,321

6 Beds
2 Baths
1,748 Sq Ft
$133/Sq Ft Est. Value

About This Home

BOM Financing fell through. Well maintained 3 bedroom, 1 bath duplex. Recently refinished hardwood floors, steps and hallway. Newer sump pump and toilets. Aluminum soffit and facia, replacement double hung windows, new concrete parking for 4 vehicles, newer concrete patio, central air. Great investment. Both units rent at $950.. Tenants pay their portion of water and sewer by reimbursing the owner. Tenants do all lawn care and snow removal. This great property is ready for a new owner. Check it out today!

Last Agent to Sell the Property

Kathleen Witt

First Weber Inc - Delafield License #50566-90 Listed on: 09/06/2022

Last Buyer's Agent

Rachel Brandt

EXP Realty, LLC~MKE License #96852-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,748 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller and Tenant's Personal Property
  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,546

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: Lower unit refrigerator
  • Directions: West on Silver Spring to 71st St.
  • New Construction: No
  • Year Built: 1955
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 7116 W Silver Spring DRIVE #7118
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Has Basement: Block, Full
  • Second Floor Total Sq Ft: 1748.00

Exterior Features

  • Exclusions: Seller and Tenant's Personal Property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Aluminum/Steel, Aluminum

Garage/Parking

  • Parking Features:Workshop in Garage: None
  • Garage/Parking: 1 Space

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • School District: Milwaukee
  • Junior High Dist: Milwaukee

Lot Info

  • Zoning: RT2
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2021
  • Total Taxes: 2546.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Jan 17, 2023
Sold by
Tpm 8613 Llc
Bought by
Blaskowski Joseph
Seller's Agent
Kathleen Witt
First Weber Inc - Delafield
Buyer's Agent
Rachel Brandt
EXP Realty, LLC~MKE
List Price
$210,000
Sold Price
$176,500
Premium/Discount to List
-$33,500
-15.95%
Total Days on Market
124
Views
7
Current Estimated Value
$233,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,830
Avg. Annual Appreciation
12.44%
Original Mortgage
$132,375
Outstanding Balance
$128,938
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$104,392

Purchase Details

Closed on
Sep 19, 2019
Sold by
Leonard Paul and Leonard Paul M
Bought by
Tpm 8613 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blaskowski Joseph $176,500 --
Tpm 8613 Llc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaskowski Joseph $132,375
Previous Owner Leonard Paul $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2023 04/02/23 Off Market $179,000 -- --
01/09/2023 01/09/23 Pending -- -- --
10/31/2022 10/31/22 Price Changed $179,000 -5.3% $102 / Sq Ft
10/12/2022 10/12/22 Price Changed $189,000 -5.0% $108 / Sq Ft
09/20/2022 09/20/22 Price Changed $199,000 -5.2% $114 / Sq Ft
09/07/2022 09/07/22 For Sale $210,000 -- $120 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,573 $108,900 $5,800 $103,100
2022 $2,595 $108,900 $5,800 $103,100
2021 $2,546 $96,700 $7,700 $89,000
2020 $2,566 $96,700 $7,700 $89,000
2019 $1,652 $65,200 $7,800 $57,400
2018 $1,695 $65,200 $7,800 $57,400
2017 $1,653 $60,500 $7,500 $53,000
2016 $1,644 $59,900 $7,500 $52,400
2015 -- $59,900 $7,500 $52,400
2014 -- $63,000 $7,500 $55,500
2013 -- $73,900 $7,500 $66,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1810022

Metro MLS

APN: 175-0056-000-2